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Your grandtather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you

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Your grandtather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose) 1. 58,250 per year at the end of each of the next tix yoart 2. $50,250 (fump sum) naw 3. \$90,150 (fump sum) six years from now B. (Cick the icon to view Present Vatue of 51 table.) (Click the icon to view Present Vitue of Ordinary Annuly of $1 table) Read the requirements: Requirement 1, Calculase the present value of each scenacio using a 6% discount rate. Which scenario yieks the highest present value? (Round the factors to three decimal places, Xxx . Roundi the present value to the nearest whole doliar.) Scenario 1, 6\% diccount nale, Prebent value = Scenario 2., 6% discount rate, Present vatue = Stanario 3. 0 . discount nite, Present value " appears to be the best option. Besed on a 6\%i interest rate, ts present value is the Requirement 2. Wouid your pruference change if you isted a 12% discount rate? Ecanario 1, 12% dscont rate, Prusent valui =

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